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20121027
20121104
Search Results 0 to 10 of about 11 (some duplicates have been removed)
. energy falling 1.7%. and technology down 1.5%5% falling commodity prices weighed on some of their respective stock sectors. oil fell more than two dollars per barrel, settling at its lowest price since june. the u.s. dollar was higher on the back of the emoyment numbers and a more expensive dollar can put downward presre on oil. esl giant chevron also hurt the energy sector and the dow. chevron had the biggesten percentage loss among dow stocks. chevron did not make as much money has anticipated in the third quarter. earnings per share were well short of eimates. similar to exxoimmobil, chevron also saw its production an cfuel sales fall, hit by hurricane isaac in august, legal troubles in brazil and a refinery fire in california. shares fell 2.8%closing atg their lowest price since july. two bright spots for chevron were its smaller refineries processing cheaper oil from montana and north dakota. meantime, chesapeake energy fell to a three month low, down 7.9%. the company has been trying to reduce its massive debt load. today the company said it may delay cutting its i.
stilltionary sector like technology which has been hit here lately. tollers which is certainly hit here i think people are discounting maybe even more of a slowdown in china. and perhaps even more of a slowdown if that's possible in europe. so i think our analysis says you know, we-- chinese economic activity, possibly bottomed out here in the 7, 8% range. fanned we get a little bit of a surprise to the upside there or if europe is less bad or maybe even flattens out a some point in 2013, i think a sector like materials would s well, so we want to be notld overweight the defensives. we want to play continued economic recovery. >> tom: looking for growth there, rob, how about it, is it on your buy list as well? >> you know, i'm not so sure i like overweighting technology at this point. it has come long way. and i think it might take a little bit of a breather. consumer discretionaries i think should hold up pretty well. materials, i like it i would actually for the first time in many years put a toe in the water in financial. i think you might see a little overperformance there,lo after the dra
nesitive mood in the marks.ma >> tom: much more sitive, much mo, constructionive. technology which had been a laggard, nasdaq, certainly knows this where you are at tonight t was one of the leaders today with the broad-based rally. let's get everybody updated with our mark focus today.ar a new month, and new buying today with a broad-based stock gains. buyers got out early, with the s&p 500 jumpg from the opening t bell on the back of optimism aheadf tomorrow's employment report. the gains held through the rrssion with the index finishing up by 1%. trading volume today was 793 million shares on the big board; just under 1.9 billion on the nasdaq. the materials sector led the way higher, up 2%. the technology and industrials sectors came next, gaining 1.8% each today. u.s. steel was the top materials stock, building its rally thanks to a surprise profit in its latest quarter. shares jumped 5.7%, en though the company forecasts break-eve results in the current quarter. it's expecting to see lower prices and lower shipments for some types osteel. two other material companies-- o gold miners ba
lives in truly profound ways. technology can provide customized experiences tailored to individual consumer preferences, igniting a world of possibilities from the inside out. sponsoring tomorrow, starts today. and by the alfred p. sloan foundation. supporting scien, technology, and improved economic performance and financialno literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... friends of the newshour. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: the giant hybrid storm named sandy left a growing toll today. officials reported at least 39 people killed, and $20 billion or more in damage. the nation's most populous city and its surroundings were at the epicenter. new york is a city in shock today, even deserted in places after a night of fear, fire and floods. a record storm surge of 13 feet poured into parts of lower manhattan, brooklyn, and queens as sandy hit. the rush of water closed major commuter tunne
of technology.ag he also echoed others about the voters themselves. >> they're very independent minded. they are hard-working, working class citizens that vote for the person. they think the person is the best-- the person that most exemplifies who they are and will do the best job for them. so i think what you see here in green bay is a microcosm of what you see all across this state, the peopleant a new direction. >> reporter: given recent shifts here, though, the question in wisconsin remains: which really is the new direction? one prominent local citizen isn't tipping his hand. we met green bay mayor jim schmitt at a.l.s. hambuaner shop. i ticed you're not endorsing either candidate. why's that? >> no. you what... what? look, i'm the mayor. i know who i want to be mayor, but when it comes to... >> reporter: you feel good about that one! >> i feel pretty good about that endorsement. >> reporter: mayor schmitt may be the smartest politician around. with a constst ncy fiercelyfi divided and independent, he directed us to his own house a few blocks away. there weound one sige for afo d
of globalization changes in technology that have advantaged the educated of those with high skills at the expense of the uneducated. and there clearly there is some truth to this story that education matters more on determining economic rewards. but the more we looked at this, the less satisfied we were that explanation. that it couldn't explain why the economic gains were so concentr ed within a very small subset of the educated people in american society. i mean 29% of americans now have college degrees but much, much smaller percentage of amerans were benefiting from this economic transformation. >> well as we speak i can hear all of those free-marketers out they say "come on, piers -- come on hacker, it is the global economy. it's the cheap labor overseas. it's those high-technology skills that you say are required, these deep forces that actually are beyond our control, d are making inevitable this division between the top and everyone else," right? that's what they were saying as they listen to you right now. >> we think the story that's told about how the global economy has shifted clearly
that we see and how much of it is what is ta ted about it as structural issues, changing technology,ed globalization, a kind of new normal that we've heard about from many pple? >> well -- >> i think-- hold on, let me go withpustan goolsbee here first. >> okay. >> okay, so two parts of the how much of the unemployment rate is coming from structural, i think not that high. i do think that is the thing that the economy is going to have to do. the fundamental reason why this recession loo a lot a like the 2001 recovery and not the 1983 recovery is we can't go back to doing what we were doing before the recession began. just as in 2001 a bubble popped and then you're trying to shift what the economy is doing. so there is some element of that. but we also have b got a significant component as i saof the whole world has slowed down. the u.s. growth rate while not fast enough is faster than the rest of the advanced world. so we've got to find a way to get ourselves boosted up where we're not getting any support from being leng to increase our exports to other countries when that is exactly th
, and lucasfilm's portfolio of entertainment technology patents. "star wars: episode 7" is expected to be released in 2015. >> tom: while the u.s. presidential race was already too close to call, now the candidates and election supervisors in the northeast have the aftermath of hurricane sandy to deal with. darren gersh looks at the potential impact on a key swing states. >> reporter: fears that super-storm sandy would disrupt voting and the presidential election are receding as the storm heads north and away from the united states. the storm hit new jersey hard, but the state makes it easy to vote early by mail, and that makes it unlikely the storm will keep many from sending in their ballots. new york does not offer early voting, giving officials there time to recover by election day. in the key swing state of virginia, election offices in 55 unties were up and running today. just nine remain closed and those are expected to reopen soon.un the virginia secretary of state has asked local election officials to extend absentee voting hours through saturday. sandy has not disrupted early voting in o
force in the worlds of business and technology. but its position has been challenged and, in some ways, surpassed by ale, google and others in recent lears. some question its ability to innovate. now, microsoft is facing a pivotal moment and a crucial test, as ray suarez reports. ( applause ) >> it really is an exciting, exciting day. >> suarez: like other c.e.o.s, microsoft's steve ballmer often tries to generate buzz with his product launches. but the company's big event in new york yesterday had a different vibe. the company's well-known operating system, now called widows 8, is getting its biggest makeover in nearly two decades for the first time, windows' design is built around touch-8, screen capabilities and utilizes "apps" similar to its competitors that microsoft calls "live tiles the software went on sale today as part of a global launch in countries like japaand china. the company is aiming directlyja at the mobile device market. >> what we've done is actually re-imagined ndows, andnee'vee' re-imagined essentially the whole p.c. industry. in addition to notebooks and desktop
Search Results 0 to 10 of about 11 (some duplicates have been removed)

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